Ames National Corporation (NASDAQ: ATLO) has reported E.P.S. of $0.46 for its first fiscal quarter (ending March 31) versus $0.43 for the same period a year ago — an increase of 7%. E.P.S. were $1.85 for the latest four quarters through March 31 versus $1.51 for the same period a year ago — an increase of 23%.
Recent Price Action
Ames National Corporation (NASDAQ: ATLO) stock closed at $26.77 on 4/12/19 after an increase of 1.7%. However, exceptionally low trading volume at 33% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 1.9% during the last week.
Current PriceTarget Research Rating
ATLO’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Ames National has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Ames National has a slightly positive Appreciation Score of 65 and a neutral Power Rating of 43, resulting in the Neutral Value Trend Rating.
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.